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What About Cleaned Coins?

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Valued Member
United States
361 Posts
 Posted 03/12/2011  10:50 pm  Show Profile   Bookmark this reply Add numismaniac to your friends list
You told him and he made his decision. When I first read the post and you said "the young man" I thought maybe 15 or 16 but when you mentioned his wife called him and he ran-well, if he is able to make a major decision like marriage I would say he is capable of deciding to buy coins that have been cleaned or not. I think your buddies are being a bit harsh on you.
Pillar of the Community
United States
1659 Posts
 Posted 03/12/2011  11:00 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list
As long as you disclose it, there is nothing wrong with selling problem coins. Everybody has different tastes and budgets.
Pillar of the Community
Philippines
1156 Posts
 Posted 03/13/2011  01:36 am  Show Profile   Bookmark this reply Add Nic to your friends list
I also buy cleaned coins, as long as they look good. Yes final decision to buy rests on the buyer, for me a cleaned coin is surface treatment that went bad, if it turned out good, we can call it restoration
Valued Member
United States
307 Posts
 Posted 03/13/2011  1:21 pm  Show Profile   Bookmark this reply Add Coin Chaser to your friends list
Well said Nic. You always hear the dread word cleaned but nothing is said about artificial toning. I feel the coin speaks for itself.
Bedrock of the Community
United States
20753 Posts
 Posted 03/13/2011  3:01 pm  Show Profile   Bookmark this reply Add just carl to your friends list
I too buy cleaned coins if they really look good, regardless of the cleaning. However, not if harshly cleaned with a brush or some solution that does more damage than good. Many times I will bring it up to a dealer in hopes of a reduced price and it usually works. Many people buy cleaned coins due to them looking new or just shinny.
For me and many others that do buy them, we usually have no or little plans on reselling them. They are for our own collections so it is only us with them that cares at all.
As long as the cleaning is mild, it is a great way to get coins cheaper.
Valued Member
United States
307 Posts
 Posted 03/13/2011  3:11 pm  Show Profile   Bookmark this reply Add Coin Chaser to your friends list
I never intended to sell these coins but times changed and their value allowed me to go in a new direction that would reduce the number of coins in my collection and make it more manageable. Abused coins are a no no. That would include harsh dips or scratches on coin surface from bag rub or cleaning. The beauty of the coin is in the eye of the (buyer)owner. Thanks for all the replies.
Pillar of the Community
United States
3283 Posts
 Posted 03/14/2011  04:26 am  Show Profile   Bookmark this reply Add upstate to your friends list
I think you have an obligation to tell him they are cleaned. Even that is arguable.
What did your buddies expect you to do, talk him out of buying them?
Pillar of the Community
United States
737 Posts
 Posted 03/14/2011  06:29 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list
As Amida said, Caveat Emptor. We don't know his intentions for buying, and you told them the coins were cleaned. I don't mind buying cleaned coins if it's for my own personal collection, it allows me to budget more for the coins I want in great condition.
Valued Member
United States
341 Posts
 Posted 03/14/2011  09:08 am  Show Profile   Bookmark this reply Add General Tso to your friends list
I see nothing wrong with cleaned coins. He obviuously liked them. There are bigger things to worry about.
Bedrock of the Community
United States
20753 Posts
 Posted 03/14/2011  10:11 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
My question is since cleaned coins are not objectionable to all people what does the group feel our responsibility is to new collectors. What are your thoughts?


And since that is the real question. Yes, it sort of is an obligation to tell new collectors a coin has been changed. Sort of, since this is only if you feel a need to have more people continue in this hobby. If not, buyer beware.
Selling coins is in a way like selling a used car. The buyer really does not know what they are buying, the seller usually doesn't care either. If all goes well, great. If not, OH well.
Valued Member
United States
307 Posts
 Posted 03/14/2011  10:54 am  Show Profile   Bookmark this reply Add Coin Chaser to your friends list
Carl, I think all of us would agree that we want to add to our number. The average age in our group is 64 including 8 members in there 20'S and 4 members 30-50. Some of us get together once or twice a week. Our monthly meetings are not well attended. 12 members went to the Tampa Fun show and at the show many coins were bought by our group. Most raw coins looked like they had been cleaned. Bright and shiny and they look good when shown. It seems that the rule that a cleaned coin should not be in a collection has been stripped of its meaning. The beauty shop look is all that matters,superficial.
Valued Member
United States
327 Posts
 Posted 03/14/2011  11:58 am  Show Profile   Bookmark this reply Add SPQR to your friends list
The question is: are they cleaned to the point of damage, or have they simply had surface deposits of dirt and grime removed?
I've got no problem with having a clean coin that is simply the original finish, but cleaned, as in "material of surface altered/damaged" is bad news and I will avoid unless it is really cheap.
Bedrock of the Community
United States
20753 Posts
 Posted 03/14/2011  4:19 pm  Show Profile   Bookmark this reply Add just carl to your friends list
This subject is really a good topic. I say that since I go to about 2 to 4 coin shows a Month and there are many, many dealers that sell cleaned coins. And some are really cleaned excessively and some just a minor cleaning to probably remove gum, tape, etc. Such coins in 2x2's or other flips are seldom ever noted as cleaned. I've only seen a few dealers that note that on a 2x2 or other flip. Most wait to see if you notice a cleaned coin and if you do, I'm always shocked when that dealer looks at me as if "I really didn't notice that" and yet the coin looks like it was just went over with a belt sander. In many instances I've had dealers try telling me OH, that is just a weak strike. I could only imagine how many hew collectors leave coin shows or coin stores with cleaned coins and don't know. One rather famous coin store in my area is famous for cleaned coins and yet they still have many customerss. And they never tell anyone that a coin was cleaned. Again, though why should they? The history of a coin is actually not the responsibility of a dealer. Sad but true.

Quote:
The average age in our group is 64 including 8 members in there 20'S and 4 members 30-50.

Coin Chaser: Here is an odd note about ages. At all the coin shows I go to I too see almost all are in their elderly age groups. Yet at a coin show last Sunday I think I saw about 20% to 30% of even the dealers in their early 30's or even 20's. One dealer I was talking to I think was not much more than in his teens or just really look young. For the first time in a long time I saw at least 10 or more kids, 20 or more females and too, a sort of shortage of us old people. I wonder if things are changing?
Valued Member
United States
307 Posts
 Posted 03/14/2011  5:12 pm  Show Profile   Bookmark this reply Add Coin Chaser to your friends list
At the FUN show we saw many younger people and more women than I had seen before. Both buyers and sellers. You confirmed that in other areas the sellers at shows might not point out that a coin has been cleaned. One friend bought a Morgan 1885 CC that had been through the mill with much abuse but he told me it was with in his budget and he was happy. Under his breath he said to his son I can sell it for more than I paid. When others mentioned the condition to him He said they were jealous. Such is life.
Pillar of the Community
United States
539 Posts
 Posted 03/14/2011  6:25 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list

Quote:
The history of a coin is actually not the responsibility of a dealer.


And to some extent, how could it be?

I don't collect some of the same things as others here but I've always thought that the chance of a coin that shows really nicely not having ever been cleaned has got to pretty small. Now maybe that doesn't hold true for some of the US silver (I don't collect that) but I've seen some very nice looking early 20th century world coins (not expensive by a Morgan standard) that could not have been preserved that well without a little help some time in its past. By the time I've acquired it, the cleaning (assuming it wasn't the wire brush kind) has long been covered by circulation or other toning

I'm less of a purist when it comes to this. Again partly driven by the fact I'm not collecting precious metals.
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